There was probably no more broken promise in the investment world over the last several years than that energy master limited partnerships (MLPs) would hold up even if the price of oil fell. These guys were toll takers, it was said, and profited from the volume of crude pumped through their pipelines. The price of
Global Market Comments May 21, 2024 Fiat Lux Featured Trade: (TESTIMONIAL) (UPDATE ON THE (WPM) JANUARY 17, 2025 $42-$45 LEAPS)
Those were really great trade that just expired, the longs in gold (GLD) and silver (SLV) and the short in Microsoft (MSFT). I made some good money. Thankyou. Enjoy the weekend. Richard Fitchburg, Wisconsin Standing Astride the Equator in Ecuador
For those of you fortunate enough to get into the January 17, 2025 $42-$45 vertical bull call debit spread LEAPS when I first recommended them ten months ago on July 25, 2023, you are now at 71% of your maximum potential profit. That means the LEAPS you bought for $1.40 last year is now worth
“Gold is my cash. Over the long term it is not the best investment. But when you are having a monetary crisis it should be part of every portfolio,” said hedge fund legend, Ray Dalio of Bridgewater Associates.
Global Market Comments May 20, 2024 Fiat Lux Featured Trade: (MARKET OUTLOOK FOR THE WEEK AHEAD, or DOW 40,000 AND HANGING WITH THE AMAZON HEADHUNTERS) (TLT), (JNK), (WES), (ET), (GLD), (SLV), (MSFT), (NVDA), (AAPL), (SPY), (FXI), (COPX), (FCX)
When I entered the stock market in 1982 when the Dow was at 600 and you told me the Average would reach 40,000 in 42 years, I would have thought you delusional, out of your mind, and stark raving mad. Yet, here it is 2024 and here we are, with the index up an eye-popping
“Our economic machine really works. It’s worked since 1776….Look at any milestone you want to pick, and over time it’s gotten so much better,” said Oracle of Omaha, Warren Buffett.
Global Market Comments May 17, 2024 Fiat Lux Featured Trade: (MAY 15 BIWEEKLY STRATEGY WEBINAR Q&A), (GME), (CCI), (ABNB), (TLT), (TSLA), (LMT), (RTX), (USO), (GLD), (GOLD), (WPM)
Below please find subscribers’ Q&A for the May 15 Mad Hedge Fund Trader Global Strategy Webinar, broadcast from Incline Village, NV. Q: Is it time to get out of the 94/97 (TLT) spread? A: No. We're getting close to a stop, but I think markets will peak out in the next couple of days and
“Man, it feels more and more like 1999 every day. Risk is being discounted tremendously,” said venture capitalist, Bill Gurley.
Global Market Comments May 16, 2024 Fiat Lux Featured Trade: (THE COMMODITY SUPER CYCLE HAS ALREADY STARTED), (COPX), (GLD), (FCX), (BHP), (RIO), (SIL), (PPLT), (PALL), (GOLD), (ECH), (EWZ), (IDX)
Global Market Comments May 15, 2024 Fiat Lux Featured Trade: (WHY WATER WILL SOON BE WORTH MORE THAN OIL), (CGW), (PHO), (FIW), (TTEK), (PNR)
Global Market Comments May 14, 2024 Fiat Lux Featured Trade: (LOOKING AT THE LARGE NUMBERS) (TLT), (TBT) (BITCOIN), (MSTR), (BLOK), (HUT)
Global Market Comments May 13, 2024 Fiat Lux Featured Trade: (MARKET OUTLOOK FOR THE WEEK AHEAD, or THE GREAT AMERICAN GOLDEN AGE HAS ONLY JUST BEGUN and SWIMMING WITH THE SHARKS) (AAPL), (NVDA), (META), (GLD), (GOLD), (SLV), (WPM), (MSFT), (NVDA), (TLT), (FCX), (FXI), (BRK/B)
The Bull Market has Five More Years to Run, with S&P 500 growing earnings at 10% a year for the foreseeable future. Last year brought in $222 per share, 2024 will see $250, 2025 $270, and $300 for 2026. The Great American Golden Age has only just begun. Profit margins will expand to all-time record
Global Market Comments May 10, 2024 Fiat Lux Featured Trade: (A DIFFERENT VIEW OF THE US)
Global Market Comments May 9, 2024 Fiat Lux Featured Trade: (DECODING THE GREENBACK), (BRING BACK THE OLD ASSET ALLOCATION RULES) (TLT), (JNK), (HYG), (REIT), (BKLN)
Global Market Comments May 8, 2024 Fiat Lux Featured Trade: (TAKING A LOOK AT HOME DEPOT) (HD)
I have been out shopping the neighborhood for good non-tech plays and I found another one. You are going to think that I am completely MAD by thinking about this trade right now. But I’ve gotten used to that by now. If you had to pick one sector of the 100 or so that Standard